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2� 15�7979
<br /> L�AN#: 18�51�5�89
<br /> . Nei�her Borrower�or Lender may cflmmence,join, or be joined to any judicial ac�ian �as eith�r an
<br /> indi�idua� ��t�gan� or�h� m�mb�r of a c�ass} �ha� a��ses from �he o�he�-�ar�y's acfiions pursuant to this
<br /> S��uri�y Instrum�nt or�ha�alleg�s tha�the o�her par�y has breach�d any pro�is��n of, or any duty owed
<br /> �y reason of, this Securi�y Ins�rument, un�il such Borrower o�Lende�-has no�ifed the other par�y �with
<br /> such na��ce gi�en in compliancewith fhe requiremen�s of Section 1�}of such a�leged br�ach and afF�rd�d
<br /> the othe� par�y hereta a reasonab�e period after fihe g�Wing of such notiGe t� take co�rec�ive ac�ion, �f
<br /> App�icable Law prv�id�s a�ime period vuhi�h mus�elapse�ef�re c�r�ain ac��on can be taken,tha���m�
<br /> peri�d will be deemed�a be reasonable far purpases of this paragraph, The no��ce of accelera�ion and
<br /> oppor�unity to cure gi�en �a Borrawer pursuan� �o Section �� and th� nati�e of a���lera��on g��en to
<br /> Borrawer pursua�t tQ Sec�ion 18 shall be deemed to satisfy the notice and opportun��y�o take corr�ctive
<br /> a���fln pro��sions a�this Sect�on 2�.
<br /> �'1. Hazardous Substances. As used in this Section ��: �a3 "Hazardous Su�stances" are those
<br /> substances defined as �oxic or haza�-dous su�stances, po�iu�an�s, or wasfes by EnWironmenta� Law
<br /> and the fol�owing subs�anc�s: gasol�ne, k�rasene, o�her flammable or#oxic pe��-oleum products, �oxic
<br /> �es�icidesand herbicides,�ola�ilesol�ents,ma�er�alscontaining asb�stasarfarmaldehyde,and radioac�ive
<br /> ma��rials; �b}"En�ironm�nta� Law" means f�deral �aws and 1�ws of the jurisdic�ion where the Proper�y
<br /> is located that re�a���a h�al�h,safety o�en�ironmental profiec��on;�c}"En�iranmental Cleanup"�ncludes
<br /> any respanse actian, remed�al a�tion, ar remo�al ac�ion, as defined in En�iranmental Law; and �d} an
<br /> "En�ironmenta! Conditian" means a conditivn tha� �an cause, contribu�e �a, or o�nerwis� tri�ger an
<br /> - Env�ranmen�al �I�anup.
<br /> Barrowershall na�caus�orperm��the presence,us�,d�spasaf,s�orage,or release of any Hazardous
<br /> Substances, or�hreaten to r�[ease any Ha�ard�us Substances, on or in the Proper�y. Bvrrower shai�
<br /> na� do, nor a��ow anyon� �Ise to do, any�hing a�f�cting �h� P�ope�ty �a} �hat is in Wiofa�ivn o� any
<br /> EnWironm�nta[ Law, �b}which cr�ates an En�ironmental Condition, vr�c}which, �ue�a�he presenc�,
<br /> use, ar re[ease o�a Hazardaus Substance, crea�es a condition that ad�ersely afF�c�s fhe�a�ue af�he
<br /> Prope�ty.The preced�ng two sentences shal� not apply�o�he presence, use, vr s�orage�n�he Prope�ty
<br /> of small quan�i�ies of Hazardous Subs�ances�ha�a�-e genera�[y re�ognized t�be appropria�e�o normal
<br /> residen�ial uses and fio ma�ntenance af the Property�including, but no�limi�ed�o, hazardaus subs�anc�s
<br /> in cansum�r praduc#s}.
<br /> Borrower s�a�� p�amptly g��e Lender wr���en notice vf�a}any in�es�igafiion, claim, demand, lavusuit
<br /> or o�h�r action by any ga�ernmental or regulatory agency or pr�Wate par�y in��lWing �he Property and
<br /> any Hazardaus Subs�ance or En�ironmen�al Law af whiGh Borrower has ac�ua� knowfedge, �b} any
<br /> Environmen�al �ondition, including but na�limi�ed�a, any sp�lling, leak�ng, discharge, ��Ceas��r thr�at
<br /> af�el�ase af any�a�ardous Subs�anc�, and ��}any cand���on eaused by�he presence, use or release
<br /> of a Ha�ardous Su�stance�vh�ch adWe�sely aff�c�s �he Walue of the Property. if Borrvv�r�r learns, or is
<br /> no�ified by any governmen�al or regulatory au�hori�y, �r any p�i�a�e party, thaf any r�mo�al vr ather
<br /> � remed�a�ian ot any Ha�ardaus Subs�anc�affecting�he Prope�y is necessary, Ba�raw�r s�all p�omp��y
<br /> take all necessary remed�a!actians�n accor�ance wi�h En�ironmenta�Law. Na�hing �erein shall��eate
<br /> any obl�gation on Lender f�r an En�ironmental �leanu�.
<br /> N�N-UNIF�RM G�VENANTS. Barrower and Lender fur�her covenant and agree as fvllows:
<br /> ��, Acce�eration; Remed�es. Lender shall gi�e no�i�e ta Borrflwer priDr to accelerativn
<br /> follow�ng Borrovuer's breach of any covenant or a�reement in this Security Instrument�but nat
<br /> privr to acceieratinn under Sectivn 'I� unless Applicable Law pra�ides otherwise�. The n�tice
<br /> shail specify: �a�the defauit; �h�the action required�o cure the default; tc�a date, nvt�ess than
<br /> 3U days from the da�e tne not�ce �s g�rren to Bnrrower, by which the default must h� cured;
<br /> and �d� that failure to cure the default an or b�for� the date specified in the notice may result
<br /> in acceleration of the sums secured by th�s Security lns�rument and sale af the Property. The
<br /> notice shall further �nform Barrflwer of the right tv reinstate after acceierati�n and the r�ght to
<br /> bring a cvurt action to assert the non-existen�e of a defau�t or any ather defense vf Borrower
<br /> ta acce�erat�on and sale.lf the default is not cured on or before tF�e date spe�ified �n the natice,
<br /> Lender at its optifln may require�mmediate payrnent in full of all sums secured by tnis Secur�ty
<br /> Instrument without further demand and may in�oke the power of sale and any t�ther remedies
<br /> perm�tted by Applicah�e Law.Lender sha�l be ent�tled to collect all expenses�ncurred�n pursuin�
<br /> the remedies pr��ided in this 5ection��,inc�uding,but not limited tv,reasonak�le attvrneys'fees
<br /> and costs af title e��dence,
<br /> �f the pov�rer of sa�e is in�vked,Trustee sna��record a not�ce of default in each caunty in�nrhich
<br /> any part of the Praperty is I�cated and sha�i mail copies of such nvtice in the manner prescr�bed
<br /> hy Appi�cabie La►nr tv Borrower and to the ather persons�rescribed by App�icabNe Law.After the
<br /> time required by App[icable Lavv,Trustee shall�i��public r�vtice of sale tv the persnns ar�d in the
<br /> manner prescrihed hyApplicab�e Law.Trust��,►nritl�outden�and an Barrawer,shall se�l the Property
<br /> at public auct�an ta the h�ghest bidder at�h�time and plac�and under the terms designated in the
<br /> not�ce of sa[e in one vr mvre parce�s and�n any order Trustee determines.Trustee may pvstpvne
<br /> sale �f all vr any parcel of the Proper�y hy publi� annvuncement at the time and �la�e vf any
<br /> prev�ously scheduled sa�e. Lender ar its designee may purchase the Prap�rty at an I�. � r .-
<br /> � � �
<br /> Init�a�s: j�
<br /> NE6RASfCA--Sing(e Fami{y-�Fann�e MaelFredd�e Mac UNIF�RM 1N5TRUMENT Form 3D28�1�1
<br /> Ellie Mae,�nc. Page 1�v�F 11 NEEDEED D3�5
<br /> NEEDEED
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